Calculate the APR for an Invoice That Has the Terms

question 41

Multiple Choice

Calculate the APR for an invoice that has the terms 1/20 net 45.

• A) 14.75%
• B) 18.80%
• C) 12.25%
• D) 15.65%
• E) 10.35%

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Definitions:

Maladaptive Behaviors

Actions or tendencies that are counterproductive to oneself, often preventing coping with challenges or situations effectively.

Client-Centered Therapist

A psychological therapist who practices Client-Centered Therapy, focusing on providing a supportive environment that facilitates self-discovery and personal growth.

Direct Focus

Involves centering attention on a specific task or object, excluding distractions to enhance performance or awareness.

Client

An individual or organization that uses the professional advice or services of a lawyer, accountant, advertising agency, architect, etc.